Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Spaceman_Spiff]

I hope you paid for that donkey with BTC!

Of course he did....except that it was with BTCurroCoin....

Also known as Asscoin, the little brother of  

[spooderman]

Bullstamp! Bulltc-e!

[molecular]

Bullstamp! Bulltc-e!

Fuck me, it doesn't seem to want to stop despite the respectable walls on stamp/gox/e.

[shmadz]

i think many guys here are really calm holding bulls because they bought under 10 USD...so it is little bit more easy to hodl i think...

It's irrelevant at what price you bought for deciding whether or not to hold an investment.

It depends on the person. I have more money than I have ever had in my life invested in Bitcoin. Had I earned that money through a regular job, there is no way I would consider putting it all into Bitcoin. But since it came so easy, it wouldn't hurt so much if I lost it all.

Probably how I would feel too. It's not rational however

It's not rational at all, but I feel the same way. I've been trying to ask myself if I had all my bitcoin-value in FIAT... would I buy as many bitcoins as I own now? Answer is usually: no, not even close, I wouldn't.

Then why am I not selling. Well, I actually am, but I can't bring myself to sell even close to the required amount.

Selling precious coins when you're a bull is extremely hard. Harder than "not buying" even though you're bullish, I guess.

Agreed, I think that once you have coins, and have given them away for fiat in return, and then you realize why you had those coins in the first place.... I guess it just strengthens your resolve to hodl firmly to the few coins you have left.

(*relatively few, they may still be a significant amount, but in relation to what you once had, they are few*)

[Spaceman_Spiff]

i think many guys here are really calm holding bulls because they bought under 10 USD...so it is little bit more easy to hodl i think...

It's irrelevant at what price you bought for deciding whether or not to hold an investment.

It depends on the person. I have more money than I have ever had in my life invested in Bitcoin. Had I earned that money through a regular job, there is no way I would consider putting it all into Bitcoin. But since it came so easy, it wouldn't hurt so much if I lost it all.

Probably how I would feel too. It's not rational however

It's not rational at all, but I feel the same way. I've been trying to ask myself if I had all my bitcoin-value in FIAT... would I buy as many bitcoins as I own now? Answer is usually: no, not even close, I wouldn't.

Then why am I not selling? Well, I actually am, but I can't bring myself to sell even close to the required amount. Why? Well, I guess I probably learned by pain through past experience that selling Bitcoin is not a good idea.

Selling precious coins when you're a bull is extremely hard. Harder than "not buying" even though you're bullish, I guess.

Same here, psychology matters.

[pietje]

Any new news for this sudden explosive bull run? Huobi is going crazy aswell.

[wachtwoord]

i think many guys here are really calm holding bulls because they bought under 10 USD...so it is little bit more easy to hodl i think...

It's irrelevant at what price you bought for deciding whether or not to hold an investment.

It depends on the person. I have more money than I have ever had in my life invested in Bitcoin. Had I earned that money through a regular job, there is no way I would consider putting it all into Bitcoin. But since it came so easy, it wouldn't hurt so much if I lost it all.

Probably how I would feel too. It's not rational however

It's not rational at all, but I feel the same way. I've been trying to ask myself if I had all my bitcoin-value in FIAT... would I buy as many bitcoins as I own now? Answer is usually: no, not even close, I wouldn't.

Then why am I not selling. Well, I actually am, but I can't bring myself to sell even close to the required amount. Why? Well, I guess I probably learned by pain through past experience that selling Bitcoin is not a good idea.

Selling precious coins when you're a bull is extremely hard. Harder than "not buying" even though you're bullish, I guess.

Hey I recognize that too. A loss hurts too than a equally size profit brings joy. I once read an article about that. Apparently it's normal human psychology. Pathetic little pussies we are huh?

Ah, anything that makes me hold

[porcupine87]

Who's expecting to see above 1000 USD on MtGox within a week?

I am!!! 



up uP UP!

it grow by 80$ since yesterday and only 40$ to 1000$. So bitcoiner get conservative? You did you mean 10 000$ within a week?

[T.Stuart]

Any new news for this sudden explosive bull run? Huobi is going crazy aswell.

Build up of steam behind exchange bottlenecks seems very, very likely to me. This pressure will take months to subside - until the exchanges grow quickly to become efficient.

[shmadz]

Can someone please pull the reigns on this runaway bitcoin donkey?

We need to develop some brakes for this bitcoin train, lol.

[spooderman]

Bullstamp! Bulltc-e!

Fuck me, it doesn't seem to want to stop despite the respectable walls on stamp/gox/e.

The walls are being taken down as they are met I think (on stamp)

[wachtwoord]

Who's expecting to see above 1000 USD on MtGox within a week?

I am!!! 



up uP UP!

it grow by 80$ since yesterday and only 40$ to 1000$. So bitcoiner get conservative? You did you mean 10 000$ within a week?

I stand corrected.  

Above 1000 USD on MtGox Today!!!  

When is that 1k party again?

[molecular]

i think many guys here are really calm holding bulls because they bought under 10 USD...so it is little bit more easy to hodl i think...

It's irrelevant at what price you bought for deciding whether or not to hold an investment.

It depends on the person. I have more money than I have ever had in my life invested in Bitcoin. Had I earned that money through a regular job, there is no way I would consider putting it all into Bitcoin. But since it came so easy, it wouldn't hurt so much if I lost it all.

Probably how I would feel too. It's not rational however

It's not rational at all, but I feel the same way. I've been trying to ask myself if I had all my bitcoin-value in FIAT... would I buy as many bitcoins as I own now? Answer is usually: no, not even close, I wouldn't.

Then why am I not selling. Well, I actually am, but I can't bring myself to sell even close to the required amount.

Selling precious coins when you're a bull is extremely hard. Harder than "not buying" even though you're bullish, I guess.

Agreed, I think that once you have coins, and have given them away for fiat in return, and then you realize why you had those coins in the first place.... I guess it just strengthens your resolve to hodl firmly to the few coins you have left.

(*relatively few, they may still be a significant amount, but in relation to what you once had, they are few*)

=> hodling is self-reinforcing behaviour (in an exponentially rising market, that is)

[kromer]

bitcoin is much more that just a payment processing platform.

please listen to this, I found it brought me back down to earth a bit and made me reconsider/remember why I'm really in this game. especially the second half where that Andreas guy is talking about his different experiences at various conferences.

http://letstalkbitcoin.com/e72-powerful-perspectives/

Agreed! Excellent share, thank you. I encourage everyone to listen to this, starting from about 33:00.

[kehtolo]

Who's expecting to see above 1000 USD on MtGox within a week?

I am!!!  



up uP UP!

it grow by 80$ since yesterday and only 40$ to 1000$. So bitcoiner get conservative? You did you mean 10 000$ within a week?

I stand corrected.  

Above 1000 USD on MtGox Today!!!  

We need slow growth, hehe.

I'd say next 5 hours!!

[molecular]

Any new news for this sudden explosive bull run? Huobi is going crazy aswell.

I think the breakout above 842 stamp (other prices on other matkets respectively) was the news. Market made a decision and everyone's following for good reason.

purely technical, I'd say.

Although there could be news, but I wouldn't be aware of it.

[Lewis2]

Going pretty fast up again, like what i'm seeing!

[bibib]

This is how I feel right now. http://www.youtube.com/watch?v=UtKADQnjQmc (The only way is up)

[mellowyellow]

Any new news for this sudden explosive bull run? Huobi is going crazy aswell.

I think the breakout above 842 stamp was the news.

Yep, that set the scene for the next 8 hours.

[molecular]

This is how I feel right now. http://www.youtube.com/watch?v=UtKADQnjQmc (The only way is up)

hehe, like that horn-honking It's the bitcoin train. Funky.